Shares of Knowles Corp. (NYSE:KN) rose 3.2% on Thursday . The company traded as high as $15.65 and last traded at $15.60, with a volume of 309,505 shares trading hands. The stock had previously closed at $15.11.

KN has been the topic of a number of recent analyst reports. Topeka Capital Markets raised their price target on shares of Knowles Corp. from $15.00 to $20.00 and gave the company a “buy” rating in a report on Tuesday, April 26th. Benchmark Co. initiated coverage on shares of Knowles Corp. in a report on Wednesday, June 29th. They set a “hold” rating and a $15.00 price target on the stock. Robert W. Baird reaffirmed a “neutral” rating and set a $15.00 price target (up previously from $11.00) on shares of Knowles Corp. in a report on Tuesday, April 26th. Zacks Investment Research downgraded shares of Knowles Corp. from a “buy” rating to a “hold” rating in a report on Wednesday, June 29th. Finally, Lake Street Capital raised their price target on shares of Knowles Corp. from $14.00 to $16.00 and gave the company a “buy” rating in a report on Tuesday, April 26th. One equities research analyst has rated the stock with a sell rating, three have given a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of $17.78.

The firm’s market cap is $1.38 billion. The stock has a 50-day moving average price of $14.56 and a 200-day moving average price of $13.13.

Knowles Corp. (NYSE:KN) last released its quarterly earnings data on Monday, April 25th. The company reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.03 by $0.05. The business earned $185.30 million during the quarter, compared to analysts’ expectations of $180.32 million. During the same period last year, the company earned $0.06 earnings per share. The firm’s revenue was down .7% compared to the same quarter last year. On average, analysts expect that Knowles Corp. will post $0.87 EPS for the current year.

A number of hedge funds have added to or reduced their stakes in KN. Diamond Hill Capital Management Inc. raised its stake in Knowles Corp. by 16.8% in the fourth quarter. Diamond Hill Capital Management Inc. now owns 604,626 shares of the company’s stock worth $8,060,000 after buying an additional 87,138 shares during the period. Royce & Associates LLC raised its stake in Knowles Corp. by 12.0% in the fourth quarter. Royce & Associates LLC now owns 205,000 shares of the company’s stock worth $2,733,000 after buying an additional 22,000 shares during the period. Morgan Stanley raised its stake in Knowles Corp. by 193.8% in the fourth quarter. Morgan Stanley now owns 153,238 shares of the company’s stock worth $2,043,000 after buying an additional 101,078 shares during the period. Tributary Capital Management LLC acquired a new stake in Knowles Corp. during the fourth quarter worth $1,612,000. Finally, Columbia Wanger Asset Management LLC raised its stake in Knowles Corp. by 81.5% in the fourth quarter. Columbia Wanger Asset Management LLC now owns 373,807 shares of the company’s stock worth $4,983,000 after buying an additional 167,810 shares during the period.

Knowles Corporation (Knowles) is a supplier of micro-acoustic solutions and specialty components serving the mobile communications, consumer electronics, medical technology, military, aerospace and industrial markets. The Company operates micro-electro-mechanical systems (MEMS) microphones, speakers and receivers which are used in smartphones, tablets and mobile handsets.

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